$RIVER Signal】Breakout and retest on the 1H timeframe, multi-cycle resonance upward


$RIVER The 1H timeframe price remains steadily above EMA20 and EMA50, with buying pressure continuously lifting the price. The middle band of the 4H Bollinger Bands at 5.6584 has been effectively broken through, turning into support. After the MACD double lines form a golden cross above the zero line, although the bullish momentum has contracted, the structure remains intact.

The current price at 6.382 suggests going long directly, with a stop below 5.980. The first target is 6.383, the second target is 6.408.

🛡️Trading management: - Execution strategy: After the price reaches 6.383, halve the position, and move the remaining stop-loss up to the entry price. If the price fails to hold above 6.383 and falls back, exit all positions.

The 1-hour volume expands during the price rally, indicating active capital entry. The 4-hour MACD histogram turns red and continues to expand, signaling a positive trend reversal. Market depth shows selling pressure concentrated above 6.7, with dense support below, limiting short-term retracement space. Under this structure, the risk-reward ratio is favorable, making it worth a try.

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